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Historic Reception Facility

623 Orange Street, New Orleans, LA 70130

For Sale
$980,000

HU-MU zoning supports a range of commercial and residential uses, with a conditional use approved for outdoor entertainment.

Property Size2,427 SF
Price / SF$403.79
Days on Market54

Property Features for 623 Orange Street

General Information

Standard status Active
Size 2,427 SF
Property subtype Commercial
Zoning HU-MU

Property Condition

Severity Major Repairs Needed
Evidence interior has been gutted

Site & Location

Neighborhood Lower Garden District

Additional Details

Opportunity Zone Yes

Building Details

Building Size 2,427 SF
Year Built 1845
Stories 2
Listing Agency: Iko Properties
Listed By: Owen Farris
Source: Cypresskeyrealty
Added: Sep 15 Changed: Nov 7 Last Checked: Nov 7 at 7:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iko Properties

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Investment Insights

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Dating to 1845, this designated historic landmark is being prepared for rehabilitation as a reception facility. The exterior work includes masonry repairs, new galleries and columns, rebuilt porch floors and guardrails, fresh exterior paint, and a replacement roof. The interior has been stripped to the studs. A complete set of construction drawings is available, and city, state, and federal approvals are in place, including approvals for historic rehabilitation tax credits. The conditional use allows a reception facility with live outdoor entertainment and does not require off-street parking.

The property is at 623 Orange Street in New Orleans’ Lower Garden District, near the Ernest N. Morial Convention Center and commercial destinations including The Commissary, Race and Religious, Second Line Stages, and Mardi Gras World. HU-MU zoning allows uses such as restaurant, office, retail, recording studio, and residential, with additional uses subject to conditional approval. The two lots are recorded as one parcel and may be resubdivided. The site is in Flood Zone X.

Key Highlights

  • Designated historic landmark dating to 1845
  • Approved conditional use for a reception facility with live outdoor entertainment
  • Exterior improvements include masonry work, new galleries, columns, porch floors, guardrails, paint, and a roof

Property Analytics

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Current Use

Wedding venues

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,657
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Wedding venue - HU-MU zoning supports a range of commercial and residential uses, with a conditional use approved for outdoor entertainment.
Where is this wedding venue located?
The property is located at 623 Orange Street New Orleans, LA.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Designated historic landmark dating to 1845; Approved conditional use for a reception facility with live outdoor entertainment; Exterior improvements include masonry work, new galleries, columns, porch floors, guardrails, paint, and a roof
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